Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
33,877
# of User Comments
Subscribe
 Email Alerts
Receive an Email Alert each time a story is posted to MBS Commentary.
-
 RSS
Bottom Right Default
State Name: New Jersey
State Name underscore: New_Jersey
State Name dash: New-Jersey
State Name lower underscore: new_jersey
State Name lower dash: new-jersey
State Name lower: new jersey
State Abbreviation: NJ
State Abbreviation Lower: nj
SECONDARY MARKETING MANAGERS:
Gain access to the most accurate real-time back month TBA indications from Thomson Reuters and Tradeweb. LEARN MORE
MBS Basics:   Part 1  |  Part 2  |  Part 3  |  Part 4  |  The Gut Flop
  • MBS WEEKLY: SHREDDING UW REGS

    by AQ on February 27 2009, 6:27 PM
    For the week... FN30 _____________________________________ FN 4.0 -------->>>> - 0-30 to 98-11 from 99-09 FN 4.5 -------->>>> -0-25 to 100-05 from 100-30 FN 5.0 -------->>>> - 0-10 to 101-22 from 102-00 FN 5.5 ----...
  • MBS ALERT: SELLING OFF

    by AQ on February 27 2009, 12:34 PM
    TSY yields are on the rise...MBS is selling off a few ticks. Possible Reprice for the worse on the horizon
  • MBS UPDATE: HIGH FIVE VIC

    by AQ on February 27 2009, 12:02 PM
    Good Morning Everyone...Happy Friday. TSYs are selling off on the wings of the curve and rallying through the belly. Today is the last trading day of the month so some MBS market participants will be making duration adjustments to their fixed income portfolios...
  • MBS OPEN: PRICE UPDATE AND A DOWNGRADE

    by AQ on February 27 2009, 8:19 AM
    At the open... FN30 _____________________________________ FN 4.0 -------->>>> - 0-02 to 98-09 from 98-11 FN 4.5 -------->>>> +0-01 to 100-12 from 100-11 FN 5.0 -------->>>> +0-02 to 101-26 from 101-24 FN 5.5 ------...
  • MBS CLOSE: TEARING APART LLPAs

    by AQ on February 26 2009, 7:34 PM
    Hi. From an interested bystanders perspective MBS trading was quite boring and uneventful today. sideways open. stable morning. slow lunch. steady close.....felt like a stalemate after yesterday. 3pm Closing Marks... FN30 _____________________________________...
  • MBS UPDATE: FED BUYS $24.999BN

    by AQ on February 26 2009, 3:22 PM
    ....of the $24.999BN.... 65% was used to purchase 4.5 MBS. The Federal Reserve averaged $4.99bn purchases per day in the five day reporting period. This brings total Fed purchases to $160.33bn ...32% of the allocated $500bn MBS still stable/SLIGHTLY better...
  • MBS UPDATE: HOOO-HUUUUUUUM

    by AQ on February 26 2009, 2:45 PM
    MBS still not moving.... Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported a net loss of $26.2 billion in the fourth quarter of 2008, a decline of $27.8 billion from the $575 million that the...
  • MBS CORRECTION: WOOPS!

    by AQ on February 26 2009, 2:16 PM
    YIKES!!! I posted the wrong press release on the last blog. I was wondering why there was so much overseas participation in two consecutive auctions!!! Indirect Bid: 39% (that's still above average) I just posted on the comments of another blog that...
  • MBS UPDATE: RANGE BOUND

    by AQ on February 26 2009, 1:03 PM
    Whoa...time flies when youre having fun! I got totally sucked into Barack's Budget. CLICK ON ME to read it The stack has been sideways all day...not much movement either way. Up in coupon remains the bias...pretty boring day thus far for MBS FN30...
  • MBS ECON: NO FUNDAMENTALS

    by AQ on February 26 2009, 10:18 AM
    The MBS stack is flat. Financial stocks are leading equity indexes higher this morning. Morning Econ...dont get too caught up on the fundamental effects of economic data on MBS right now. We already know the economy is bad. What we dont know is how effective...
  • MBS OPEN: PRICE UPDATE

    by AQ on February 26 2009, 8:21 AM
    Opening Marks... FN30 ______________________________________ FN 4.5 -------->>>> -0-04 to 100-07 from 100-11 FN 5.0 -------->>>> -0-03 to 101-20 from 101-23 FN 5.5 -------->>>> -0-01 to 102-11 from 102-12 FN 6.0 --...
  • MBS CLOSE: WHY DID MBS SELL OFF TODAY???

    by AQ on February 25 2009, 6:08 PM
    Closing marks as of 3pm close yesterday... FN30 ______________________________________ FN 4.0 -------->>>> -0-24 to 98-09 from 99-02 FN 4.5 -------->>>> -0-14 to 100-11 from 100-25 FN 5.0 -------->>>> -0-07 to 101-23...
  • MBS ALERT: STILL SELLING

    by AQ on February 25 2009, 3:09 PM
    The Dow continues to rally and TSY positions continue to unwind. If you didnt recieve reprice already.... it is coming
  • MBS UPDATE: CHASING FULLER COUPONS

    by AQ on February 25 2009, 1:18 PM
    UP IN COUPON!!! MBS is following the yield curve steeper. I have noticed some larger than average reprices for the worse occurring...mutter mutter FN30 ______________________________________ FN 4.5 -------->>>> -0-06 to 100-19 from 100-25...
  • MBS MORNING: FEARS COMING TO FRUITION

    by AQ on February 25 2009, 11:16 AM
    I am not going to sugar coat it for you this morning....my fears are coming to fruition. MBS market participants are once again chasing profits in higher yielding mortgage coupons. This signals a clear disregard for prepayment risk and gives me an unsettling...
Discuss the MBS and Mortgage Markets on Our Streaming Dashboard
Discuss MBS and Mortgage Markets with Hundreds of Loan Officers on the MBS Live Streaming Dashboard.
  »Start a Two Week Risk Free Trial


 

More From MND

Mortgage Rates:
  • 30 Yr FRM 4.16%
  • |
  • 15 Yr FRM 3.29%
  • |
  • Jumbo 30 Year Fixed 4.00%
MBS Prices:
Recent Housing Data:
  • Mortgage Apps 2.43%
  • |
  • Refinance Index 4.14%
  • |
  • FHFA Home Price Index 0.67%